THQ Unloads Mobile Division

February 8, 2011 -

Publisher THQ has sold its mobile division, according to published reports this morning. THQ Wireless, the division launched in 2001 to tackle the lucrative mobile games market, has been sold off to advertising and distribution firm 24MAS. Stockholm-based 24MAS is an advertising and 'premium applications' company serving customers in over 80 countries via a proprietary software platform.

THQ says that the sale of the division does not mean an exit from the mobile market: "This agreement and our ongoing relationship with 24MAS will enable us to continue focusing on cutting edge games for Apple and emerging smartphone platforms while enjoying the distribution services of 24MAS on wireless carrier platforms," said Ian Curran, THQ's executive vice president of Global Publishing.

"The acquisition and ongoing partnership with THQ means 24MAS will have an unparalleled reach to many millions of potential customers globally, both via/for application and content distribution, as well as mobile advertising solutions," said 24MAS CEO Tero Turunen. "THQ Wireless' operations provide a value-add in terms of reach, services and technology, combined with proven management, operational excellence and revenue growth potential."

Financial terms of the deal were not disclosed.

THQ has been tightening its corporate belt this year. Prior to unloading its wireless division, THQ stepped out of the online games space.

Source: GI.biz


 
Forgot your password?
Username :
Password :

Shout box

You're not permitted to post shouts.
Andrew EisenIanC - The original version of the article included a tweet showing that the exhibitor had been asked to leave so no, the article was not published before that happened.04/19/2015 - 7:47pm
Matthew Wilson@IAMC as I understand it they disrupted the panel. if they were kicked out just for being a part of GG I would have a issue, but from what I read that wasnt the case.04/19/2015 - 4:24pm
IanCOh and the "false premises" thing? The article on MarySue that said that went up before they got told to leave. How weird that...04/19/2015 - 4:22pm
IanCOf course the fact that group is mostly women goes against everything the antis say about GG, doesn't it? Also from what I've heard they polity asked a couple of questions at a panel, then got kicked out without even getting to pick up tier coats04/19/2015 - 4:21pm
DocMelonhead@IronPatriot You really hate GamerGate, do you. And MechaCrash already announced it.04/19/2015 - 3:17pm
Matthew Wilsonhttp://www.dualshockers.com/2015/04/17/star-wars-battlefront-gets-new-info-number-of-maps-frame-rate-heroes-customization-and-more/ they are targeting 60fps on consoles. it doesnt efect me since I will be playing it on pc, buyt still 60 fps should be norm04/19/2015 - 2:31pm
IronPatriotThey tried to drag the rotting corpse of gamergate to Calgary, but the convention organizers smelled their deception and booted them out. Politely.04/19/2015 - 2:21pm
ZippyDSMleeRyan Rardin:I already own the game I will wait till the PS4 can paly PSX/ps2 games. Really wish they would make a shrt run of 700$ all in one PSX console.....save me a ton of shelf space!04/18/2015 - 5:45pm
PHX Corphttp://www.extremetech.com/computing/203654-leaked-sony-emails-show-mpaas-opposition-to-fair-use-confirms-users-are-viewed-as-thieves Leaked Sony emails show MPAA’s opposition to fair use, confirms users are viewed as thieves04/18/2015 - 10:49am
prh99I'd happily run DBAN on all their servers and back up with a 7 pass wipe.04/18/2015 - 1:07am
Matthew Wilsonmetaphorically speaking of course04/17/2015 - 9:40pm
Matthew Wilsonhttps://soundcloud.com/totalbiscuit/brevity-is-the-soul-of-twit I agree with TB twiter is not good for anything more their links. twiter is a toxic wasteland, and I wish I can nuke it from orbit.04/17/2015 - 9:38pm
MechaCrashI can understand why Sony wants the Pokemon and Smash movie rights, but it's not hard to see why Nintendo wouldn't want to sell to them. Kinda their competitors in the console arena.04/17/2015 - 8:01pm
PHX Corp@MW We won't know until the nintendo General Shareholders meeting if the leaks(From Sony Pictures) is true or not04/17/2015 - 7:55pm
MechaCrashIn GG news: they got kicked out of Calgary Expo for getting a booth under false pretenses and disrupting panels. http://www.themarysue.com/calgary-expo-gamergate-evicted/ How long before they get thrown under the No True Scotsman bus?04/17/2015 - 7:53pm
MechaTama31EZK: Because what if I want to see that website I was looking at a while ago? Well, just keep scanning through my tabs til I see it! There's an aspect of archaeology to it, too. "Oh yeah, I was looking up how to build my own pizza oven. Good times..."04/17/2015 - 6:52pm
Matthew Wilsondo it in the art style of those trailers, and I am on board.04/17/2015 - 5:24pm
PHX Corphttp://mynintendonews.com/2015/04/17/sony-were-apparently-trying-to-get-the-rights-to-a-pokemon-and-super-smash-bros-movie/ Sony Were Apparently Trying To Get The Rights To A Pokemon And Super Smash Bros Movie04/17/2015 - 4:14pm
E. Zachary KnightCan't wait to see the new digs on Saturday.04/17/2015 - 1:41pm
Andrew EisenBy the by, I moved this week so if I dropped a comment thread or two, my apologies for leaving you hanging.04/17/2015 - 12:22pm
 

Be Heard - Contact Your Politician